MADRID Aug 28 Spain's Economy Secretary
Fernando Jimenez Latorre said on Thursday that inflation could
remain negative in the next two months, but consumer prices were
expected to end the year in positive territory.
Inflation data for August showed EU-harmonised consumer
prices down 0.5 percent year-on-year, the lowest figure in
nearly five years.
However, Jimenez Latorre said recent negative inflation
figures were "temporary", reflecting a fall in energy prices
which he expected to recover by year-end.
"We are not in a situation that I would classify as
deflation," he told reporters, noting that internal demand is
(Reporting by Tracy Rucinski, Editing by Sarah White)